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NEW CLIENT APPLICATION Mailing Address: 24685 SR 37, Watertown NY 13601 Canton Office: PO Box 515, Canton NY 13617 Questions? Call (315) 7880422 or (315) 7142034 Return by fax: (315) 7888021Veteran/Spouse

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How to fill out going out of business

01

Evaluate the financial status of your business to determine if closing down is the best option.

02

Notify your employees, vendors, and customers of the decision to go out of business.

03

Set a date for the closure and start the process of selling off assets and settling debts.

04

File the necessary paperwork with the local government and tax authorities to officially close your business.

05

Make arrangements to cancel any remaining contracts or leases and tie up any loose ends before shutting down for good.

Who needs going out of business?

01

Business owners who are facing financial difficulties and are unable to continue operating their business.

02

Companies that have completed their purpose or achieved their goals and are ready to move on to other ventures.

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What is going out of business?

Going out of business refers to the process of shutting down a business and liquidating its assets.

Who is required to file going out of business?

Business owners who are closing their business are required to file going out of business.

How to fill out going out of business?

To fill out going out of business, business owners need to provide information about the reason for closure, inventory details, and financial statements.

What is the purpose of going out of business?

The purpose of going out of business is to formally notify the authorities and creditors about the closure of a business.

What information must be reported on going out of business?

Information such as the reason for closure, inventory details, financial statements, and contact information must be reported on going out of business.

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